“Trump Bump” Driving Montana Revenue?

"I do believe we are," State Sen. Llew Jones (R-Conrad) said Monday as he joined Aaron Flint on the "Montana Talks" radio show. This, after February revenue estimates came in low, but stronger than previously expected.

The Bullock administration once argued that federal tax cuts would cause an even larger revenue gap for the State of Montana. "So far they've had to walk back their dire predictions substantially," remarked Jones.

A recent update on Fiscal Year 2018 state general fund revenues offers a mixed report with funds coming in at a $7 million potential shortfall, but 15 percent above FY 2017 revenues collected for the same time period.

Jones said many GOP lawmakers believed that once there was certainty on Trump’s tax reform package, there would be increased tax response, and this “seems to be proving true.”